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Delphi Automotive (DLPH) Q1 Earnings Beat Estimates, Up Y/Y

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Delphi Automotive PLC  is one of the leading global manufacturers of vehicle components and a supplier of technology for automotive and commercial vehicles. The company regularly undertakes acquisitions and alliances to enhance its technological capability, increase its operating scale, augment its client base and expand geographically. In addition, Delphi Automotive follows an active capital deployment strategy to boost shareholder value.

Estimate Trend & Surprise History

Investors should note that the first-quarter Zacks Consensus Estimate for Delphi Automotive increased over the past month.

The company has delivered a flurry of positive earnings surprises. It has beaten the Zacks Consensus Estimate in each of the trailing four quarters with an average beat of around 6.02%. Thus, investors have been eagerly awaiting Delphi Automotive’ latest earnings report.

We have highlighted some of the key stats from this just-revealed announcement below:

Delphi Automotive PLC Price and EPS Surprise


Delphi Automotive PLC Price and EPS Surprise | Delphi Automotive PLC Quote


Delphi Automotive’s adjusted earnings increased 17% year over year to $1.59 per share in the first quarter of 2017, and surpassed the Zacks Consensus Estimate of $1.46.


Delphi Automotive reported revenues of $4.29 billion, up 5.9% year over year. Revenues surpassed the Zacks Consensus Estimate of $4.13 billion. The year-over-year increase was due to volume growth in all regions.

Key Stats/Developments to Note

In first-quarter 2017, Delphi Automotive repurchased 2.56 million shares for approximately $193 million. Following this, the company had almost $1.18 billion available for repurchases under its current share buyback program.

For 2017, Delphi Automotive reiterated its revenue guidance of $16.5–$16.9 billion. Adjusted earnings per share are expected in the range of $6.40–$6.70.

Zacks Rank

Currently, Delphi Automotive has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Market Reaction

Delphi Automotive’ shares remained inactive in the pre-trading session.

Check back later for our full write up on Delphi Automotive’ earnings report!

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